Payroll - Outsourcing? - KPMG

Payroll ? Outsourcing?

Accounting & Payroll Services

Payroll is a sensitive area. The salaries always have to be paid punctually and correctly, but at the same time the requirements are getting more and more complex. This calls for swift and flexible action; time and know-how are needed. We can help you with these tasks by providing an outsourcing package which is specially adapted to your company's needs. You can then concentrate on your core business.

What are the greatest challenges? ? Implementation of new provisions and legislation in the

areas of social security, tax and employment law ? The globalization of employment, cross-border workers,

the opening up of the labor markets and the impact of international agreements ? Complying with internal and external requirements with regard to quality, processes and checks

What are the advantages of outsourcing? ? Assistance from experienced KPMG employees who are

up-to-date on new legislation and regulations ? Professionally managed substitution during staff

absences ? Confidentiality can be maintained, which is an important

advantage especially in the area of executive salaries ? No infrastructure or training costs are incurred ? Access to the multidisciplinary KPMG network, both at a

local and at an international level

How can we support you? We can help you with the following activities: ? Setting up your payroll accounting in our system

based on your individual requirements ? Monthly processing of the salaries, processing of

special payments (such as a bonus), preparing the payment file, sending the salary statements directly to the employees, whether electronically or by post

? Preparing and filing the periodic source tax declarations ? Processing the accounting vouchers for the financial

accounting as well as further client-specific analyses ? Performing the year-end processing, including

completion of the salary certificates, compiling annual overviews, calculation of provisions relating to salaries, also (if wished) assistance with the reconciliation of the financial accounting and the payroll accounting.

Additional services and special topics ? Processing of directors' fees as well as ascertaining

whether there is an obligation to pay Swiss social insurance contributions on such fees in an international context ? Support in connection with the secondment of employees, obtaining the necessary confirmations with social security authorities, exemption from Swiss social security contributions, preparing the salary statements for expatriates, keeping shadow payroll for the deduction of source tax ? Calculation of gross-ups where there is a net salary agreement ? Determining where foreign employees or multi-stateworkers are subject to social security and taxes, calculation of salaries considering the working days in Switzerland and abroad, coordination with foreign salary processing offices ? Processing of executive salaries

Social Security Insurance December 2022

? Processing of the payroll and social security administration for employees with employers who are not registered with social security authorities in Switzerland (so-called ANobAGs)

? Assistance with the conclusion of the necessary contracts for social security and personnel insurances and registrations with government bodies, in particular in respect of companies having their legal seat in the EU which employ individual employees in Switzerland

? Dealing with employee participation plans, including taking into account the components which are subject to tax and social security contributions, and preparing the relevant attachment to the salary certificate

? Assistance in drafting expense reimbursement policies and filing these with the tax authorities

? Support in connection with social security audits, assembling the necessary documents, dealing with the actual audit at our premises

? Review of your payroll accounting, support in identifying possibilities for optimization and keeping your risks to the minimum (see also our separate factsheet "Payroll review")

Personnel administration ? Registration and deregistration of employees with the

social security office and the tax authority ? Administration of child benefits ? Applying for income compensation allowance in case of

compulsory service or maternity leave ? Completion of applications for daily allowances in case of

accident or sickness ? Completing questionnaires of the unemployment

insurance authority

Electronic salary processing and notification If requested, it is possible to define interfaces, in order to be able to upload data regarding salary changes or the employee's master data electronically. Salary statements can be sent to employees electronically on request. KPMG has a platform for exchanging salary data with its client, so that no confidential data has to be sent by e-mail. Moreover, our system has been set up in such a way that declarations can be sent electronically (ELM). These measures ensure an efficient and secure processing of your payroll accounts.

Web Accounting Would you like to be able to access your payroll accounts at any time, or do you want to perform some of the abovementioned activities yourself? You don't want to deal with issues regarding software and data security? You can have access to your payroll accounts through the internet with our web-based online tool, irrespective of where you work and what operating system you use. All you need is internet access and a Suisse ID for a secure connection. You can read more about this subject in our separate factsheet "KPMG's Web Accounting".

Multidisciplinary services Our multidisciplinary team will assist you with all the human resources questions in the areas of law and tax, such as obtaining work permits and residence permits, completing personal tax returns, reducing the tax burden and preparing employment contracts.

Contacts KPMG AG Badenerstrasse 172 PO Box CH-8036 Zurich

kpmg.ch

David Oberson Partner Suisse Romande +41 58 249 37 92 doberson@

Christophe Bellino Partner Suisse Romande +41 58 249 37 20 cbellino@

Mathilda Studer Director Zurich +41 58 249 36 90 mathildastuder@

Konstantin Petropoulos Director Zurich +41 58 249 51 93 cpetropoulos@

Enzo Massimiano Director St. Gallen +41 58 249 25 53 emassimiano@

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received, or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. The scope of any potential collaboration with audit clients is defined by regulatory requirements governing auditor independence. If you would like to know more about how KPMG AG processes personal data, please read our Privacy Policy, which you can find on our homepage at kpmg.ch.

? 2022 KPMG AG, a Swiss corporation, is a subsidiary of KPMG Holding AG, which is a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download